Government rules and regulations can, at times,

Question

Quizplus · Accepted Answer

Government rules and regulations can improve the function of property rights by enforcing contracts and protecting individuals' property from theft or damage. They can limit free-riders by enforcing laws on taxes and public goods, ensuring that everyone contributes their fair share. Regulations can also reduce negative externalities by imposing fines or taxes on polluters, thus incentivizing them to reduce their harmful activities. Therefore, all of these choices (A, B, and C) are correct.

Government Rules and Regulations Can, at Times